Coal-to-gas switching in the US could decline as much as 2.6 Bcf/d year-on-year in 2013 because of higher natural gas prices, increased renewables generation and forecast lighter cooling demand this summer, a report BNP Paribas issued late Monday said.
Gold recouped early losses on Monday on firmer equities and after last week's drop to a 7-month low spurred physical buying in Asia, but investors were cautious over the outcome of an unpredictable election in Italy and its impact on the euro zone.
Accordingly, Viet Nam expects to obtain a GDP growth rate of 5.5%; export turnover increase of 10%; excess of imports over exports at 8%; CPI increase of 6-6.5%; and poor household reduction of 2%.
This year is expected to remain challenging for the domestic economy. Minister of Finance Vuong Dinh Hue spoke to the Vietnam News Agency about measures to assist enterprises and fulfill the nation’s economic reform and development plans.
HA NOI (VNS) — The consumer price index (CPI) in February rose by only 1.32 per cent against the previous month, lower than expected thanks to abundant supplies of essential commodities, the General Statistics Office (GSO) reported.